LA SOURCE DE CASTIAU: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LA SOURCE DE CASTIAU
Largest movements
- Tangible fixed assets -€11,858
down €11,858 (-2.0%), from €580,703 to €568,845
of which Furniture and vehicles: -€22,454
- Receivables within one year -€9,681
down €9,681 (-85.0%), from €11,392 to €1,711
of which Trade receivables: -€11,392
- Other debts +€39,052
up €39,052 (+14.1%), from €276,013 to €315,065
- Profit (loss) carried forward -€25,188
down €25,188 (-28.7%), from -€87,823 to -€113,011
- Reserves -€16,378
down €16,378 (-7.6%), from €215,421 to €199,043
- Debts after one year -€11,871
no longer reported in 2025 (was €11,871)
- Trade debts -€6,747
down €6,747 (-69.8%), from €9,665 to €2,918
- Gross operating margin -€61,212
down €61,212, from €58,097 to -€3,115
- Other operating charges -€1,613
down €1,613 (-43.7%), from €3,688 to €2,075
- Depreciation +€682
up €682 (+1.7%), from €39,135 to €39,817
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €600,821 | €575,924 | -€24,897 | -4.1% |
| Fixed assets | 21/28 | €580,703 | €568,845 | -€11,858 | -2.0% |
| Tangible fixed assets | 22/27 | €580,703 | €568,845 | -€11,858 | -2.0% |
| Land and buildings | 22 | €518,979 | €529,575 | +€10,596 | +2.0% |
| Furniture and vehicles | 24 | €61,724 | €39,270 | -€22,454 | -36.4% |
| Current assets | 29/58 | €20,118 | €7,079 | -€13,039 | -64.8% |
| Amounts receivable within one year | 40/41 | €11,392 | €1,711 | -€9,681 | -85.0% |
| Trade receivables | 40 | €11,392 | - | -€11,392 | |
| Other amounts receivable | 41 | - | €1,711 | +€1,711 | |
| Cash at bank and in hand | 54/58 | €8,726 | €5,368 | -€3,358 | -38.5% |
| Total equity and liabilities | 10/49 | €600,821 | €575,924 | -€24,897 | -4.1% |
| Equity | 10/15 | €237,598 | €196,031 | -€41,567 | -17.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Contributions outside capital | 11 | €110,000 | €110,000 | = | 0.0% |
| Other | 1109/19 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €215,421 | €199,043 | -€16,378 | -7.6% |
| Tax-exempt reserves | 132 | €215,421 | €199,043 | -€16,378 | -7.6% |
| Profit (loss) carried forward | 14 | -€87,823 | -€113,011 | -€25,188 | -28.7% |
| Provisions and deferred taxes | 16 | €52,626 | €48,531 | -€4,095 | -7.8% |
| Deferred taxes | 168 | €52,626 | €48,531 | -€4,095 | -7.8% |
| Amounts payable | 17/49 | €310,597 | €331,362 | +€20,764 | +6.7% |
| Amounts payable after more than one year | 17 | €11,871 | - | -€11,871 | |
| Financial debts | 170/4 | €11,871 | - | -€11,871 | |
| Amounts payable within one year | 42/48 | €298,727 | €331,362 | +€32,635 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €11,447 | €11,871 | +€424 | +3.7% |
| Trade debts | 44 | €9,665 | €2,918 | -€6,747 | -69.8% |
| Suppliers | 440/4 | €9,665 | €2,918 | -€6,747 | -69.8% |
| Taxes, remuneration and social security | 45 | €1,601 | €1,508 | -€93 | -5.8% |
| Taxes | 450/3 | €1,601 | €1,508 | -€93 | -5.8% |
| Other amounts payable | 47/48 | €276,013 | €315,065 | +€39,052 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,135 | €39,817 | +€682 | +1.7% |
| Other operating charges | 640/8 | €3,688 | €2,075 | -€1,613 | -43.7% |
| Non-recurring operating charges | 66A | €1,185 | - | -€1,185 | |
| Gross operating margin | 9900 | €58,097 | -€3,115 | -€61,212 | |
| Operating profit (loss) | 9901 | €14,089 | -€45,007 | -€59,096 | |
| Financial charges | 65/66B | €868 | €655 | -€214 | -24.6% |
| Recurring financial charges | 65 | €868 | €655 | -€214 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €13,221 | -€45,661 | -€58,882 | |
| Transfer from deferred taxes | 780 | €4,095 | €4,095 | = | 0.0% |
| Profit (loss) for the period | 9904 | €17,316 | -€41,567 | -€58,882 | |
| Transfer from tax-exempt reserves | 789 | €16,378 | €16,378 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,694 | -€25,188 | -€58,882 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.